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Redfin Stock Is 24% Down In The Last 10 Sessions

(VIANEWS) – Shares of Redfin (NASDAQ: RDFN) fell by a staggering 24.64% in 10 sessions from $9.13 at 2023-04-18, to $6.88 at 11:40 EST on Tuesday, following the last session’s downward trend. NASDAQ is dropping 1.53% to $12,025.53, following the last session’s downward trend.

Redfin’s last close was $7.41, 51.09% below its 52-week high of $15.15.

About Redfin

Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; and originates and sells mortgages. The company was formerly known as Appliance Computing Inc. and changed its name to Redfin Corporation in May 2006. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington.

Earnings Per Share

As for profitability, Redfin has a trailing twelve months EPS of $-3.11.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -141.6%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 15.1% and positive 50.7% for the next.

More news about Redfin (RDFN).

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